OFFICIAL TRUMP Surges Over 60% as Bears Lose Control -- Is This the Start of a Rally or a Bull Trap?

OFFICIAL TRUMP surged more than 60% in 24 hours, jumping from around $1.80 to an intraday high near $3.68. The rally pushed the token back above the $2.30–$2.40 area after weeks trading near recent lows. Market capitalization rebounded toward the $750 million mark, while 24-hour activity surged into the billions across spot and futures. The move aligns with a broader “risk-on” shift in crypto, helped by Bitcoin’s push toward $80,000 and renewed optimism over U.S. crypto regulation. The article cites derivatives positioning as a likely driver, with bearish positions getting pressured. Key resistance is flagged around $3.10–$3.20, then $3.40–$3.50.